52/171 St Georges Terrace, Perth WA 6000

52/171 St Georges Terrace, Perth WA 6000
3 bed / 2 bath | Kingsgate complex | 111sqm internal | city outlook What is competitively strong here is the size and layout. At 111sqm internal with two bathrooms, a secure car bay, and a large balcony, this apartment offers a floor plan that is noticeably more generous than most CBD stock. The timber parquetry flooring, bedroom separation, and open-plan living are finishes that appeal to owner-occupiers and downsizers rather than investors. The Kingsgate complex is described as tightly held and secure, which suggests a stable building profile. This property is best suited to professionals or couples seeking a premium city base with genuine living space, not a compact entry-level unit. What may affect value is the bedroom count inconsistency in the listing evidence, which could create confusion during marketing. The building appears established rather than new, so buyers should weigh the trade-off between solid construction and potentially dated common areas. The floor level is likely the fifth, which is moderate for outlook and noise exposure. While the location offers strong rental demand, the property’s size positions it more for long-term owner-occupancy than high-yield investment. These factors should be considered when forming a view on price.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 52/171 St Georges Terrace, Perth WA 6000
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Market Insight:

Perth’s inner-ring suburbs are positioned as highly competitive, transport-connected locations. Demand is driven by equity-rich upgraders, downsizers, and investors, alongside first-home buyers contending with rapid entry-level price rises. The market exhibits exceptionally strong price growth and tight conditions, with listings far below long-term averages and properties selling rapidly. Future growth is supported by sustained population increases and critically low rental vacancy rates, though key risks include significant affordability constraints and potential sensitivity to interest rate movements.
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PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

1

Land

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